Rent Control Applies to About Two-Thirds of the Private Rental

question 44

Multiple Choice

Rent control applies to about two-thirds of the private rental housing in New York City. Economic theory suggests that a below-equilibrium price established by rent control:

• A) creates a surplus of rental housing.
• B) promotes a rapid increase in the future supply of housing.
• C) results in poor service and quality deterioration of many rental units.
• D) leads to a reduction in housing discrimination against minorities.

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Definitions:

Subaverage Intellectual Functioning

A term denoting lower than average intellectual capabilities, which can impact learning and adaptive abilities.

Profound Intellectual Disability

A level of intellectual disability characterized by significant limitations in both cognitive functioning and adaptive behavior, manifesting before 18 years of age.

Sensory Impairments

Involves the loss or diminished function of one or more of the senses, including hearing, vision, taste, smell, and touch.

Autism Spectrum Disorder

A range of neurodevelopmental disorders characterized by challenges with social skills, repetitive behaviors, speech, and nonverbal communication.